News Chapek FIRED, Iger New CEO

SpoiledBlueMilk

Well-Known Member
Is there a source somewhere that can say that reshoots aren't part of the 'known' budget?

I've never heard that before except as brought up on these boards in the past two days.
It depends on what is considered a "re-shoot." General reshoots are budgeted - things that come up in the edit. They need a pick-up shot here, a better angle there, or a transition to fit the story. Those are budgeted and written into talent contracts. Then you have situations like Indy and to a greater extent, Solo, where the studio realizes a significant issue in production or in test screenings where they have to fire creatives, re-write scripts and re-shoot the film, or the third act. That's where budgets spiral out of control and why reports saying Indy's budget was only $250 million miss the entirety of what was spent on production, which reached north of $300 million. Take the $300 million production budget, add $100 to $150 million for marketing and associated costs, and you get the real numbers. That's been Disney's real issue (in addition to who they have running things at LFL and their writers) - they are spending too damn much for these tent pole movies.
 

SteveAZee

Premium Member
He was deciding between that and "You Only 'Ride of a Lifetime' Twice"
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Nubs70

Well-Known Member
It depends on what is considered a "re-shoot." General reshoots are budgeted - things that come up in the edit. They need a pick-up shot here, a better angle there, or a transition to fit the story. Those are budgeted and written into talent contracts. Then you have situations like Indy and to a greater extent, Solo, where the studio realizes a significant issue in production or in test screenings where they have to fire creatives, re-write scripts and re-shoot the film, or the third act. That's where budgets spiral out of control and why reports saying Indy's budget was only $250 million miss the entirety of what was spent on production, which reached north of $300 million. Take the $300 million production budget, add $100 to $150 million for marketing and associated costs, and you get the real numbers. That's been Disney's real issue (in addition to who they have running things at LFL and their writers) - they are spending too damn much for these tent pole movies.
Production costs fall into the bucket known as PRODUCTION EXPENSES

Marketing fall into the bucket known as SG&A or SALES, GENERAL, & ADMINISTRATION EXPENSES

TOTAL COST = PRODUCTION + SG&A
 

M:SpilotISTC12

Well-Known Member
I found this particular article interesting. https://www.sportsbusinessjournal.com/Journal/Issues/2023/07/17/Insiders/sports-media.aspx

It mentions that private equity firms are more likely to get into the ESPN pot than other entities. Of the equity firms mentioned is Candle Media, which is run by Kevin Mayer and Tom Staggs. Wouldn't it be an interesting way to get Mayer or Staggs back into the mix to be in line for CEO. Just things that make you go "Hmm..."
 

Lilofan

Well-Known Member
I found this particular article interesting. https://www.sportsbusinessjournal.com/Journal/Issues/2023/07/17/Insiders/sports-media.aspx

It mentions that private equity firms are more likely to get into the ESPN pot than other entities. Of the equity firms mentioned is Candle Media, which is run by Kevin Mayer and Tom Staggs. Wouldn't it be an interesting way to get Mayer or Staggs back into the mix to be in line for CEO. Just things that make you go "Hmm..."
Mayer and Staggs were ticked off they were not considered to be CEO when they were at Disney and quit. Mayer screwed up when he took the CEO job at Tik Tok after leaving Disney only to be fired 3 months into his job at Tik Tok.
 

MisterPenguin

President of Animal Kingdom
Premium Member


Didnt know where to post
The debt from it's $71B purchase of Fox is now down to $43B. (Compare that to Comcast's $100B debt load)

The clickbait title of a yard sale is upended by the author's musing that Iger might not be serious about selling of TV property. After all, Iger mused about selling off Hulu and that's not happening.

This is an article to fill space with no new reporting and bad analysis.
 

Sirwalterraleigh

Premium Member
The debt from it's $71B purchase of Fox is now down to $43B. (Compare that to Comcast's $100B debt load)

The clickbait title of a yard sale is upended by the author's musing that Iger might not be serious about selling of TV property. After all, Iger mused about selling off Hulu and that's not happening.

This is an article to fill space with no new reporting and bad analysis.
Your hero has lost it…

But do that cute “but…but…COMCAST!!!” Thing…

Are bookings up? Anyone buying move tickets? How are those goldmine D+ numbers looking?
When’s the new slate of park reinvestments gonna open?

What does ANY of that have to do with Comcast? Is this a pick a side thing?
 

Tha Realest

Well-Known Member
Your hero has lost it…

But do that cute “but…but…COMCAST!!!” Thing…

Are bookings up? Anyone buying move tickets? How are those goldmine D+ numbers looking?
When’s the new slate of park reinvestments gonna open?

What does ANY of that have to do with Comcast? Is this a pick a side thing?
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I’m not sure why that’s a comparison one would welcome from the pro-Disney side of things.
 

MisterPenguin

President of Animal Kingdom
Premium Member
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I’m not sure why that’s a comparison one would welcome from the pro-Disney side of things.
See how much Netflix fell from the middle of 2021 to the end of 2022? That happened because they lost a significant number of subscribers over 2 quarters. But, that bleeding stopped and they got back in the black, and so their stock went up.

Disney's slump is because Wall Street isn't getting dividends and they're no longer patiently waiting for D+ to be in the black in 2024. But once D+ is in the black and DIS is paying dividends, it should see the same rally that Netflix experienced.
 

Nubs70

Well-Known Member
I hope so…
…cause that means it will continue to drop and he will be publicly FIRED sooner than later.

Which is what is gonna have to happen. That WSJ article from a few days ago wasn’t out of nowhere. Big money gets it’s word out when they want to.
If Diller is correct, we are seeing the beginning of a total transformation of media with the onset of this writers strike.

Bob is watching his empire of acqusitions fall apart.
 

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